Egypt Synthetic Silk targets EGP 1.05bn sales as export-led recycled polyester and fabric plants take shape

Egypt Synthetic Silk, a producer of synthetic fibres, is targeting sales of EGP 1.05 billion in the current fiscal year, up from EGP 312 million in the previous year, according to the company's managing director, Ahmed Hassan Saber, speaking to the Egyptian business daily Al-Borsa on 6 October 2026.

The growth plan rests on two new recycling plants being developed with outside partners. According to Al-Borsa, the projects have a combined authorised capital of EGP 1.7 billion and paid-in capital of EGP 1.4 billion. Egypt Synthetic Silk holds 20% of the venture, while the remaining 80% belongs to partner investors from the UAE, Sweden and Iraq.

• Recycled polyester plant: investment of about EGP 900 million and a capacity of 100 tonnes a day.
• Recycled fabric plant: investment of about EGP 500 million and a capacity of 50 tonnes a day.

The two facilities occupy about 42,000 square metres. Saber said around 75% of the construction work on the recycled fabric plant has been completed and the company aims to begin initial operation in the first quarter of 2027.

The output is aimed largely at foreign markets. According to the company's plan as reported by Al-Borsa, 80% of the recycled polyester will be exported and 20% sold locally, while recycled fabric output will be split evenly between export and the domestic market. The company also plans to raise the number of its operating production lines from four to 18 during the fiscal year.

What it means for Egyptian exporters

Recycled content is becoming a standard request from many European fashion and home-textile buyers. New local capacity for recycled polyester and recycled fabric could give Egyptian garment and home-textile exporters a closer, more traceable source of recycled material to support their sustainability claims to EU customers. Exporters looking for recycled inputs may want to follow the plants' start-up timetable into 2027.